If you are thinking about accepting credit cards from your customers you must pay attention to the credit card fees.

There are plenty of merchant suppliers both online and offline providing tools for simple credit card processing such as virtual terminals, mobile credit card readers, credit card equipment and so on.

Many small business owners make the mistake of paying too much attention to the speed of the transaction.

Simplicity is expensive, so before you decide to use a turnkey payment processing company and pay costs from 2.9% +.30 per transaction, take some time and research ways to receive much lower fees for credit card processing.

The fact is that if you are a small business and you wish to get cash from clients by means of credit cards, then you need a merchant account. A merchant account is what you utilize to accept credit cards, get cash and make money as a business.

Typical merchant account companies can charge up to 5% of everything a company earns with prices consisting of merchant processing costs, gateway fees, interchange costs, Visa, MasterCard, American Express charges, statement fees and so on.

In time these expenses could add up to a great deal of money; that’s money your business is not taking in. Every penny being paid is cash your business is not making.

What if you could reduce your existing credit card processing fees 25%—50%?

While regular rates go from.41% to 2.19%, some merchants specializing in small business have processing fees ranging from 0% to.36%.

In addition, why not choose a merchant provider that reports your company’s repayment history to a major business-credit reporting agency?

Having a merchant provider that provides low credit card processing fees while enabling your business to establishing its own creditworthiness is an ideal solution for a small business owner.